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Tag: Chair

European stocks seen higher as Fed chair signals more rate hikes

European shares are set to open higher on the final trading week of August, as traders weighed the prospect of higher interest rates from the U.S. Federal Reserve and looked ahead to upcoming economic data later in the week.Germany's DAX 30 is seen...

Fed Chair Powell calls inflation ‘too high’ and warns that ‘we are prepared to raise rates further’

Federal Reserve Chair Jerome Powell on Friday called for more vigilance in the fight against inflation, warning that additional interest rate increases could be yet to come.While acknowledging that progress has been made and saying the Fed will be careful in where it...